WHAT ARE YOU PAYING FOR TERM LIFE INSURANCE? FEBRUARY SALE Compare these low, non-smoker preferred annual rates for term insurance. FLANNEL & COTTON SHEETS, BLANKETS, COMFORTERS MALE AGES 25 30 35 40 45 50 55 60 65 $250,000 225.00 230.00 237.50 297.50 375.00 470.00 500.00 838.00 1428.00 $1,000,000 Plus $500,000 415.00 425.00 440.00 480.00 520.00 655.00 970.00 .1650.00 2830.00 ALL ON SALE NOW! SEVENTH HEAVEN CALL ON RATE (Slightly Higher Rate for Smokers) Renewable and convertible to age 100. Female rates same as male 6 years younger. Rated A by A.M. Best Co. Hunter's Square MANFRED AND DAN WERNER INSURANCE Orchard Lk. @ 14 Mile Hours: M, T & Sat 10-6 W-F 10-9, Sun 12-5 33333 WEST 12 MILE ROAD, FARMINGTON HILLS Medical evidence of insurability required. Ni cigarettes in past 12 months. 855-3777 553-8000 I V I 4* 1 TI -11PICAIDS MASTER CARD Hadal VISA contemporary women's fashions ALWAYS 20% to 60% BELOW RETAIL SPECIAL INTRODUCTORY SPRING SALE 4 DAYS ONLY ALL PRICES REDUCED —OPP- ANOTHER 10% WEDNESDAY, FEB. 4 ANOTHER 15% THURSDAY, FEB. 5 ANOTHER 20% FRIDAY & SATURDAY, FEB. 6 & 7 WEDNESDAY ONLY 10 a.m. - 8 p.m. ALL OTHER DAYS 10 a.m. - 5 p.m. SPECIAL BARGAIN RACKS TOO PRIOR SALES EXCLUDED – ALL SALES FINAL 24901 Northwestern (At Evergreen) Southfield, MI 48075 353-9526 SOMETHING FOR YOUR SWEETHEART GIVE HER A DAY OF PAMPERING GIFT CERTIFICATES FOR: HAIRCUT, STYLE, MANICURE & MAKE UP APPLICATION Reg. $54.00 Specially Priced at: $ call: 3 0.00 626-8020 exp. 2-28-87 29657 Orchard Lake Rd. • Farmington Hills • 626-8020 32 Friday, February 6, 1987 THE DETROIT JEWISH NEWS NEWS mum= Israel Refutes Senate Report On Arms Deal Jerusalem (JTA) — Israel flatly denied last Sunday that it had any role in or knowl- edge of the transfer of funds from the U.S7Iran arms deal to a Swiss bank account maintained for the Nic- araguan rebels known as Contras. The statement was in response to allegations in a Senate committee report that funds for_the transaction were traced in an "Israeli account" in Switzerland from which it was transferred to another Swiss bank account control- led by retired U.S. Gen. Richard Secord who handled aid to the Contras at a time when Congress banned such aid. Prime Minister Yitzhak Shamir and Foreign Minister Shimon Peres received copies of the report of the Senate Select Committee on In- telligence which was released in Washington. Shamir's spokesman, Avi Pazner, said in a prepared statement that the monies from the Iran arms deal were paid "by the Iranian representative direct- ly into the account specified by the Americans and no sum of money transferred by the Iranians remained in Israel's hands or went through Israel or its representatives." Defense MInister Yitzhak Rabin, in an Army Radio in- terview, categorically denied that Israel had sent weapons to the Contras. But the newspaper Maariv quoted senior security sources as saying that after intense lob- bying by Lt. Col. Oliver North, a National Security Council (NSC) aide subse- quently dismissed, Israel agreed in October, 1986 to send a shipment of several hundred Soviet-made rifles to the Contras. According to Maariv, the shipment was recalled before it reached its destination because the Iran arms deal had been exposed. The newspaper previously had published what it said was the number of the ac- count at the Credit Suisse bank in Geneva where the U.S. deposited funds from the Iran arms sales for diversion to the Contras. Maariv claimed that the account, No. IS 386430, was registered under the name "Lake Resources" and served for transferring money to suppliers of various services, including the Israeli Defense Ministry. The account was administered by Secord and North, the paper reported. The immediate reaction here to the report by the Senate Select Committee was that it was lacking in impor- tant details because several key American witnesses had refused to testify. The Knesset's Foreign Affairs and Security Committee is ex- pected to take up the matter. Committee chairman Abba Eban said that the committee would have to investigate all aspects of the Iran arms deal to determine exactly what Israel's role was in the affair. According to Defense Ministry sources, members of the U.S. National Security Council asked Rabin several times that Israel sell arms to the Contras but Rabin ab- solutely refused. The Maariv report quoted senior officials as saying that "Oliver North drove us crazy with requests to supply weapons to the Contras." New Economic Package Signed Jerusalem (JTA) — A new econumic package agreement, to remain in effect until March 1988, was signed by the gov- ernment, labor and manage- ment Tuesday. It is intended to maintain economic stability in face of price increases triggered by the recent de- valuation of the shekel and government moves to cut pub- lic spending. The package deal was ap- proved by the cabinet more than two weeks ago and was to have been signed then. But a dispute with Histadrut over government funding for its sick-fund, Kupat Holim, de- layed the labor federation's endorsement until Tuesday. It was made possible after the Treasury agreed to con- tribute 47 million shekels to Kupat Holim for higher pay to nurses and to keep abreast of its needs. Kupat Holim pro- vides health insurance and medical care for about 85 per- cent of the population. A main feature of the new economic package is: withhold- ing 2.7 percent of the next cost-of-living increment to wage earners in order to pre- vent a new inflationary spiral resulting from the reduced value of the shekel. The full in- crement will be added to na- tional insurance payments. Other features of the pack- age are: price controls on many consumer goods to remain in force until March 1988; no rise in the prices of subsidized goods and services, apart from public transportation; income tax reform, mainly lowering the top bracket to 48 percent from 60 percent, capital mar- ket reform, with reduced gov- ernment involvement in the market effective April 1 and government efforts to lower interest rates. ,